DeFi will provide good regulatory test for SEC, says Commissioner Peirce
The SEC commissioner described the DeFi space as “a work in process” but overall “alluring.” Go to Source Powered by WPeMatico
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Bitcoin mining operator Northern Data reportedly considering $500M IPO
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO. Go to Source Powered by WPeMatico
US Treasury Secretary floats idea of digital dollar maintained by the Fed
She still questioned how regulators would “manage money laundering and illicit finance issues” with digital currencies. Go to Source Powered by WPeMatico
Tesla made $1B profit on its Bitcoin buy, says analyst
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said. Go to Source Powered by WPeMatico
US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok, … Read more
Robinhood CEO calls on SEC to revise ‘outdated’ trading rules
Robinhood CEO Vlad Tenev denied that the platform was helping hedge funds, calling on the SEC to get rid of a two-day settlement rule. Go to Source Powered by WPeMatico
US charges three North Korean hackers over crypto attacks and WannaCry ransomware
The Department of Justice has indicted three hackers affiliated with the infamous Lazarus Group. Go to Source Powered by WPeMatico
Banks increasingly interested in Bitcoin, says Elliptic co-founder
Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. Go to Source Powered by WPeMatico
Blockchain Firm Asks Nevada State for Permission to Build a Crypto ‘Smart City’ in Storey County
A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible. The investment company asked the state of Nevada to form a local government in Storey County. Crypto City Aims to Host 33 Million Square Feet of Commercial Space According to a report published by the … Read more
People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed President
“It’s going to be a dollar economy as far as the eye can see,” said James Bullard. Go to Source Powered by WPeMatico
